HDFC LIFE INS CO LTD Share Price

NSE

Company Profile


HDFC Life Insurance Company Limited is a joint venture between HDFC Limited, one of India’s leading housing finance institutions and Standard Life Aberdeen, a global investment company. Established in 2000, it is a leading long-term life insurance solutions provider in India, offering a range of individual and group insurance solutions that meet various customer needs such as protection, pension, savings, investment, annuity, and health. As of 2020, the company had 37 individual and 11 group products in its portfolio, along with 6 optional rider benefits, catering to a diverse range of customer needs. It continues to benefit from its presence across the country with 421 branches and additional distribution touch-points through several partnerships. The partnerships comprise 270 bancassurance partners including NBFCs (Non-Banking Financial Companies), MFIs (Micro Finance Institutions), SFBs (Small Finance Banks), etc., and more than 40 new ecosystem partners.

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